6 Factors For Vetting Hard Money Borrowers

1 Просмотры
Издатель
In this video, I break down the 6 key factors I use for vetting hard money borrowers in my hard money lending business, from responsiveness and experience to capital reserves and character.

As a lender active in Oklahoma real estate and Texas real estate, I share how I evaluate deals in both hard money real estate and private money real estate to protect downside risk.

If you're building a private money lending business or learning how to start a real estate private money business, this gives you a practical framework for smarter lending. Whether you're a hard money partner or lending private money in Oklahoma or private money in Texas, these principles will help you make better decisions in your lending business.

00:00 Vetting Hard Money Borrowers
00:56 Factor 1
01:53 Factor 2
02:22 Factor 3
03:09 Factor 4
04:08 Factor 5
05:13 Factor 6
06:29 Non-Negotiables
07:16 Gray Area
08:12 Mitigating Risk

About Rodney Miller:
Rodney started his career in real estate investing in 2003. Since that time he’s been a principal in over 300 real estate investment transactions. Rodney started casually loaning money to other investors around 2005. In 2020 Rodney decided to go all in on private lending and started Hard Money Partner LLC. He currently has about $4mm in loans with about 10 hours a week of time invested in the private lending business. Rodney has been married for 23 years and has 3 awesome kids and 3 dogs. Rodney lives and operates HMP out of his office in Oklahoma City. HMP’s service area is Oklahoma, and north Texas, more specifically, the Dallas/Ft Worth Metroplex.

Borrower Resources:
Apply for a loan
https://tinyurl.com/HMP-Loan-App

Guaranteed loan report
https://tinyurl.com/Get-A-Loan-Guide

How to flip a house report
https://tinyurl.com/House-Flipping-Report

Investor Resources:
How to invest with Hard Money Partner
https://tinyurl.com/Invest-with-HMP

A Beginners Guide to Private Lending- By Rodney Miller
https://tinyurl.com/Private-lending-book

Rodney is available for consultation on all things hard money lending, whether it be borrowing, Investing, or starting a lending business.

Book a call with Rodney to discuss the lending business:

https://api.leadconnectorhq.com/widget/bookings/talk-to-rodney

YouTube Url: https://youtu.be/zc6xQamhSKo

Join us on:
Facebook
https://www.facebook.com/hardmoneypartner
Instagram
https://www.instagram.com/hard.money.partner/
Linkedin
https://www.linkedin.com/in/rodneymiller/
Twitter
https://twitter.com/RodneyHMP
TikTok
https://www.tiktok.com/@hardmoneypartner?lang=en

Video hashtags:
#hardmoneylender #hardmoneylending #privatemoney
Категория
Кредит под залог
Комментариев нет.